Banks

The US bank has created groups for power, utilities & infrastructure and natural resources in investment banking, and appointed Apac leaders for each.

The US banking giant’s infrastructure arm has agreed to acquire the Australian gas pipeline operator. In another deal, Aberdeen Investments and ACCIONA have set-up a SPV for a New Zealand motorway project.

The UK bank said the sale was part of its "simplification" strategy and follows the sale of its life insurance business in Singapore to Allianz and Indonesian retail book to OCBC; Blackstone described the deal as "the largest home loan portfolio transaction globally".

Citi has hired Cristina Mascanzoni for a new role in its capital markets and advisory team as director and technology coverage lead for Australia and New Zealand.

India’s largest mutual fund manager was oversubscribed but made a modest debut, as Reliance Jio and NSE prepare to go public; however, higher oil prices could weigh on investor demand.

Hong Kong-based William Si-Tu will lead the origination and execution of investment banking activities in the region across the technology, media and telecom sector, including AI.

The Indian renewable energy power producer is looking to accelerate industrial decarbonisation, including for Bharat Aluminium, through large-scale solar and wind projects.

The Shanghai-based photonic computing company's blockbuster debut in H1 underscores investor appetite for AI infrastructure while testing both HKEX's Chapter 18C regime and Hong Kong's IPO revival. Ryan Cheng spoke to senior market participants about the deal.

With a new central clearing system and direct physical linkages to Shanghai, Hong Kong is overhauling its bullion infrastructure to cement its role as Asia's premier gold trading hub.